AUDUSD Reversed Off Resistance, Potential For Further Drop
AUDUSD reversed off its resistance at 0.7284 (100% Fibonacci extension, 61.8%, 50%, 23.6% Fibonacci retracement, horizontal overlap resistance) where it could drop further to its support at 0.7231 (23.6% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur.
Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur.
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